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700 SW 16th AveFort Lauderdale, FL 33312

For Sale

$1,050,000

Smart Buyer Rebate $10,500

Rare investment opportunity in Fort Lauderdale — a 4-unit apartment complex at 700 SW 16th Ave. This 3,047 SF building on a spacious 10,000 SF lot includes four large and spacious 2-bedroom, 1-bath units. Each unit features central AC and individual electric meters. The property currently generates $6,700 in monthly rental income, with strong upside potential to increase rents to approximately $8,800 per month when adjusted to market rates. Ideally located minutes from I-95, Fort Lauderdale-Hollywood International Airport, downtown, and the beach, this property offers excellent access and sits in one of South Florida’s fastest-growing markets.

Listed by Elior Levi

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License #3574869

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Fausto Commercial Realty Consultants Inc

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954-743-7594

Last updated September 03, 2025

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Source: MIAMIRE #A11855351

Listing Facts

  • TypeMulti-family
  • NeighborhoodRiverside Park
  • Days on Prevu23
  • Taxes$14,125/year
  • Size3,047 sqft
  • Price per sqft$345

Amenities

  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

09/03/2025
Price Decreased
$1,050,000
08/17/2025
Listed by Fausto Commercial Realty Consultants Inc
$1,100,000

Property Details for 700 SW 16th Ave

Association

General

  • Number Of Units In Community: 4

Exterior

Construction

  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1970
  • Year Built Details: Resale
  • Architectural Style: Detached
  • Building Name: RIVERSIDE NO 2
  • Construction Materials: Concrete Block Construction, CBS Construction

Measurements

  • Building Area Total: 3,047
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 504209030110
  • Tax Annual Amount: $14,125.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Tile, Vinyl

Measurements

  • Living Area: 3,047
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: RIVERSIDE NO 2

Parking

Parking

  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.